Canadian Pacific Kansas City (TSE:CP) Insider Nadeem Velani Sells 1,500 Shares of Stock

Canadian Pacific Kansas City Limited (TSE:CP) (NYSE:CP) insider Nadeem Velani sold 1,500 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The shares were sold at an average price of C$128.25, for a total transaction of C$192,375.00.

Nadeem Velani also recently made the following trade(s):

• On Monday, November 2nd, Nadeem Velani sold 1,925 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$127.75, for a total value of C$245,918.75.
• On Wednesday, November 4th, Nadeem Velani sold 8,880 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.75, for a total transaction of C$1,169,940.00.
• On Wednesday, November 4th, Nadeem Velani sold 4,682 shares of Canadian Pacific Kansas City stock. The shares were sold at an average price of C$131.80, for a total transaction of C$617,087.60.

Canadian Pacific Kansas City Stock Down 0.2%

Shares of Canadian Pacific Kansas City stock opened at C$131.37 on Friday. The company has a fifty day moving average price of C$124.30 and a 200 day moving average price of C$119.91. The company has a current ratio of 0.52, a quick ratio of 0.42 and a debt-to-equity ratio of 56.46. Canadian Pacific Kansas City Limited has a twelve month low of C$96.50 and a twelve month high of C$133.54. The stock has a market cap of C$114.23 billion, a price-to-earnings ratio of 30.34, a price-to-earnings-growth ratio of 2.32 and a beta of 1.38.

Canadian Pacific Kansas City (TSE:CP) (NYSE:CP) last announced its quarterly earnings results on Wednesday, October 28th. The company reported C$1.28 earnings per share (EPS) for the quarter. The firm had revenue of C$4.22 billion during the quarter. Canadian Pacific Kansas City had a return on equity of 8.37% and a net margin of 24.14%. Equities research analysts forecast that Canadian Pacific Kansas City Limited will post 4.34 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 26th were paid a $0.2680 dividend. The ex-dividend date was Friday, September 25th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 0.8%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 22.91%.

Trending Headlines about Canadian Pacific Kansas City

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: A report highlights record grain volumes at CPKC, which could support the company’s investment outlook through stronger freight activity. The article does not provide volume figures in the supplied information. How Record Grain Volumes At Canadian Pacific Kansas City Have Changed Its Investment Story
• Neutral Sentiment: CPKC executives are scheduled to participate in a November conference, and a separate report notes a new investor event. These appearances may provide updates, but no specific business or financial announcements are described. Canadian Pacific Kansas City stock: Executives set November conference Canadian Pacific Kansas City stock gets new investor event
• Negative Sentiment: Insider Nadeem Velani reported multiple share sales over November 2–4, including a reported 65.48% reduction in his holdings, leaving 4,682 shares. The selling could unsettle investors, although insider transactions alone do not establish a change in the company’s outlook.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Canadian Imperial Bank of Commerce raised their target price on Canadian Pacific Kansas City from C$143.00 to C$150.00 and gave the company an “outperform” rating in a report on Thursday, October 29th. TD upped their price target on Canadian Pacific Kansas City from C$128.00 to C$134.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. BMO Capital Markets increased their price objective on shares of Canadian Pacific Kansas City from C$142.00 to C$145.00 and gave the company an “outperform” rating in a research report on Thursday, July 30th. National Bank Financial lifted their price objective on shares of Canadian Pacific Kansas City from C$140.00 to C$142.00 and gave the company an “outperform” rating in a research note on Thursday, October 29th. Finally, Scotiabank boosted their target price on shares of Canadian Pacific Kansas City from C$122.00 to C$143.00 and gave the stock a “strong-buy” rating in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$139.00.

About Canadian Pacific Kansas City

With its global headquarters in Calgary, Alta., Canada, CPKC is the first and only single-line transnational railway linking Canada, the United States and México, with unrivaled access to major ports from Vancouver to Atlantic Canada to the Gulf Coast to Lázaro Cárdenas, México. Stretching approximately 20,000 route miles and employing 20,000 railroaders, CPKC provides North American customers unparalleled rail service and network reach to key markets across the continent. CPKC is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise.